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16 Results / Page 1 of 2

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Business

Asian shares extend global rout, yen perks up on intervention hints

An electronic stock quotation board is displayed inside a conference hall in Tokyo, Japan November 1, 2021. REUTERS/Issei KatoRegister now for FREE unlimited access to Reuters.comRegisterhttps://tmsnrt.rs/2zpUAr4Nikkei tumbles 2.3%, S&P 500 futures stabiliseDollar falls 0.6% on yen on news of rate check from BoJ2-yr U.S. yields scale new 15-yr high of 3.8040%U.S. yield curve remains deeply invertedSYDNEY, Sept 14 (Reuters) - Asian stocks tumbled on Wednesday as U.S. data dashed hopes […]

todaySeptember 14, 2022

National

Trump shares barrage of QAnon content and other conspiracy theories on his social media platform

Former President Donald Trump spent Tuesday morning posting inflammatory messages on social media, including many explicitly promoting the QAnon conspiracy theory.While Trump has in the past promoted QAnon-inspired accounts and theories, the posts on his Truth Social account were his most explicit, unobscured, QAnon-promoting and QAnon-baiting posts to date.In one, he reposted the QAnon slogan — “Where We Go One We Go All.” In another, he re-posted a 2017 message […]

todayAugust 30, 2022

Featured

Shares tiptoe higher amid hiatus in bad news

European stocks, U.S. futures climb 1%Bonds steady ahead of German inflation dataMarkets brace for further hawkish Fed, ECB actionHONG KONG/LONDON, Aug 30 (Reuters) - Shares crept up slightly and bonds held steady on Tuesday as investors awaited the next round of likely gloomy inflation data while also juggling concerns about Europe's energy crisis, a looming recession and more rate hikes.The pan-European STOXX (.STOXX) index rose nearly 1%, led by bank […]

todayAugust 30, 2022

News

Tesla shares close lower after 3-1 stock split

Aug 25 (Reuters) - Tesla Inc's (TSLA.O) shares closed 2% lower on Thursday as a three-for-one stock split announced by the world's most valuable automaker to woo retail investors came into effect.The stock opened at $302 and closed at $296.07 as the split allowed investors to get two additional shares for each they owned as of Aug. 17. It had closed at $891.29 before the split on Wednesday.This is the […]

todayAugust 25, 2022

Featured

Explainer: How will SoftBank cut its stake in Alibaba without selling shares?

NEW YORK, Aug 10 (Reuters) - SoftBank Group Corp (9984.T) is set to post a gain of $34.1 billion by reducing its stake in Alibaba Group Holding (9988.HK) from 23.7% to 14.6%. read more But the Japanese conglomerate will not sell its shares directly in the market. It is using a complex security called "prepaid forward contracts," which is a derivative largely used by investors.Here's how these contracts work:Register now […]

todayAugust 10, 2022

News

Elon Musk sells nearly 8 million Tesla shares

The sales from Friday through Tuesday were disclosed in a series of filings with the Securities and Exchange Commission late Tuesday night. They mark the first sale of Tesla shares by Musk since April, when he sold 9.6 million shares, raising $8.5 billion at that time.Musk's filings did not disclose the reason for the stock sales. But after someone on Twitter asked him if he was done selling Tesla shares, […]

todayAugust 10, 2022

News

Musk sells Tesla shares worth $6.9 billion, cites chance of forced Twitter deal

Tesla CEO Elon Musk attends the Tesla Shanghai Gigafactory groundbreaking ceremony in Shanghai, China January 7, 2019. REUTERS/Aly SongRegister now for FREE unlimited access to Reuters.comRegisterAug 10 (Reuters) - Tesla Inc (TSLA.O) Chief Executive Officer Elon Musk sold $6.9 billion worth of shares in the electric vehicle maker, saying the funds could be used to finance a potential Twitter deal if he loses a legal battle with the social media […]

todayAugust 9, 2022

Business

Gazprom shares dive after dividend cancelled for first time since 1998

Logo of the Russian energy company Gazprom is seen on а station in Sofia, Bulgaria, April 27, 2022. REUTERS/Spasiyana SergievaRegister now for FREE unlimited access to Reuters.comRegisterThis content was produced in Russia, where the law restricts coverage of Russian military operations in UkraineMOSCOW, June 30 (Reuters) - Russian gas giant Gazprom (GAZP.MM) has decided not to pay dividends on last year's results, the first time it will not pay out […]

todayJune 30, 2022 2

News

RH shares slide after company lowers its outlook for the year

Jason Kempin | Getty Images Entertainment | Getty ImagesHigh-end furniture chain RH on Wednesday slashed its outlook for 2022 revenue, anticipating consumer demand for its products will continue to soften in the back half of the year.The company now sees annual sales down between 2% and 5%, compared with prior expectations that saw sales flat to up 2%. It said it still anticipates revenue in its fiscal second quarter to […]

todayJune 29, 2022 1

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Information presented is for entertainment and general information purposes only. Opinions expressed are those of the presenter only. We make no promises or guarantees of investment performance. None of the information presented here is intended to form the basis for any offer or recommendation or have any regard to investment objectives to the needs of any specific person. Smart Investor Radio is not a broker-dealer, certified financial planner or registered investment adviser.

 

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